工作论文 PAPERS
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Visibly Fair Mechanisms
Priority-based allocation often requires eliminating justified envy, making s...
Inácio Bó, Gian Caspari, Manshu Khanna
Working Paper | No. 20250905 |
Keywords: matching theory, market design, indirect mechanisms
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Housing, Health, and Life Expectancy Inequality in China
We document large inequality in life expectancy at age sixty across cities an...
Yushan Hu, Penglong Zhang, Guozhong Zhu*
Working Paper | No. 20250904 |
Keywords: health production, medical insurance coverage, housing costs, life expectancy inequality
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How Technological Innovation Shapes Financial Innovation: Substitution Effect...
The innovation of new financial products, processes, and services is a key dr...
Mark A. Chen*, Sophia Hu, Joanna Wang, Qinxi Wu
Working Paper | No. 20250903 |
Keywords: technological innovation, financial innovation, substitution effects, knowledge diffusion, patents, inventors, human capital
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Fine Control of Conservatism for Robust Optimization by Adjustable Regret
Overconservatism has long been recognized as a major issue of robust optimiza...
Yingjie Lan*
Working Paper | No. 20250902 |
Keywords: robust optimization, decision criteria, overconservatism, convex conjugate, one-way trading
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United on Divisive Waters: Decentralization of Irrigation and Conflict in Ind...
Arguments for decentralizing local public goods often emphasize productivity ...
Krzysztof Krakowski, Karol Mazur*
Working Paper | No. 20250901 |
Keywords: agriculture, conflict, public goods, irrigation management
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The Macroeconomic Impact of Agricultural Input Subsidies
Governments intervene in agriculture worldwide, a sector particularly suscept...
Karol Mazur, Laszlo Tetenyi
Working Paper | No. 20250702 |
Keywords: Agriculture, food security, structural change, misallocation
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Non-affiliated Distribution and Fund Performance: Evidence from Bank Wealth M...
Using the Measures for the Administration of Bank Wealth Management Funds Sal...
Shusong Ba, Baixiao Liu, Linlin Ma, Yan Shen, and Xingyi Zhan*
Working Paper | No. 20250701 |
Keywords: bank wealth management, non-affiliated distribution, fund performance, agency problem, external governance
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Fight or Flee? The Role of Firms' Connected Social Media Outlets
We examine how firms leverage social media outlets to counteract the impact o...
Zhiqian Jiang, Baixiao Liu, Yuchen Xu, Bohui Zhang*
Working Paper | No. 20250503 |
Keywords: social media outlet, reputational capital management, media connection, stock price stabilization, managerial career concern
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Going Dark: Corporate Motivations for Covert Political Ties
Leveraging three unexpected leaks of donor lists from U.S. “dark money” org...
Omrane Guedhami, April Knill, Baixiao Liu, Cayman Seagraves*
Working Paper | No. 20250502 |
Keywords: dark money groups, corporate political activity disclosure, corporate political connections, political contributions
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The Dynamics of Agricultural Productivity Gaps: An Open-Economy Perspective
This paper draws on cross-country census data to study how agricultural produ...
Douglas Gollin, David Lagakos, Xiao Ma, Shraddha Mandi
Working Paper | No. 20250501 |